| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5078345 | International Journal of Industrial Organization | 2012 | 19 Pages |
Abstract
⺠We derive optimal sales strategies and welfare effects in a dynamic Cournot oligopoly. ⺠We extend the standard model by the inclusion of intertemporal capacity constraints. ⺠Under commitment, prices increase over time. ⺠Under non-commitment, prices may decrease over time. ⺠Commitment generates a higher total surplus than non-commitment.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Anita van den Berg, Iwan Bos, P. Jean-Jacques Herings, Hans Peters,